| __timestamp | IDEX Corporation | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 1198452000 | 9209000000 |
| Thursday, January 1, 2015 | 1116353000 | 8810000000 |
| Friday, January 1, 2016 | 1182276000 | 8232000000 |
| Sunday, January 1, 2017 | 1260634000 | 8079000000 |
| Monday, January 1, 2018 | 1365771000 | 4131000000 |
| Tuesday, January 1, 2019 | 1369539000 | 2431000000 |
| Wednesday, January 1, 2020 | 1324222000 | 2269000000 |
| Friday, January 1, 2021 | 1540300000 | 2478000000 |
| Saturday, January 1, 2022 | 1755000000 | 2408000000 |
| Sunday, January 1, 2023 | 1825400000 | 4095000000 |
| Monday, January 1, 2024 | 1814000000 |
Infusing magic into the data realm
In the ever-evolving landscape of corporate finance, understanding cost structures is pivotal. This analysis delves into the cost of revenue trends for Thomson Reuters Corporation and IDEX Corporation from 2014 to 2023. Over this period, Thomson Reuters experienced a significant reduction in its cost of revenue, plummeting by over 55% from 2014 to 2020, before stabilizing. This shift reflects strategic cost management and possibly a pivot in business operations. In contrast, IDEX Corporation's cost of revenue steadily increased by approximately 52% over the same period, indicating expansion and possibly increased production capabilities. The year 2018 marked a turning point for Thomson Reuters, with costs dropping by nearly 50%, aligning with industry shifts and internal restructuring. These insights offer a window into the financial strategies of two major corporations, highlighting the dynamic nature of cost management in the corporate world.
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